To be frank, this is the foundation and root issue of capitalism. Greed is considered to be a good thing but it could lead to exploitation (which is a bad thing right?) . As you stated, regulation will always bound to happen. I am a realist on that and the question is always about degree.. I think the best question to ask is if regulation is necessarily a bad thing when we can't even regulate among our peers? I look historically during the Industrial period where you get the writings of Upton Sinclair (The Jungle) and the term, "Robber Barons", you could see that capitalism does go too far (even the Renaissance period).. Capitalism goes in cycle but it does eventually lead to exploitation.. That is what we are seeing in some degree in cryptocurrency. We could say the same thing with PnD coins that is pushing cryptocurrency to regulation...
I am not pushing regulation but it is, at times, beneficial. I look at EPA in the 70s that standardize clean water (some might disagree but it did its job; though there are some things I do not agree with the EPA)... Either case, I just wanted to give another perspective.. But I concur, if we can't self-regulate.... Well, then this is bound to happen and historically..... It always seem to happen.. The question is degree...
RE: Trevon James, Craig Grant, and cryptonick sued. Cindicator calling for $400 Billion market cap.